Year: 2020

Argonaut Gold Announces Updated Life of Mine Plan for Florida Canyon, Which Generates Approximately $326 Million of Mine Site After-Tax Free Cash Flow at $1,700 Gold

“We envision Florida Canyon will produce an average of approximately 77,000 gold ounces per annum at all-in sustaining cost per gold ounce sold1 under $1,050 over 9.5 years, which yields a net present value at a 5% discount rate of over $232 million and generates mine site after-tax free cash flow of approximately $326 million at $1,700 gold.”

Defiance Comments On Recent Market Activity

Defiance Silver Corp. wishes to confirm that the Company’s management is unaware of any material change in the Company’s operations that would account for the recent increase in market activity.

Telson Mining Increases Private Placement

The Company now intends to conduct a non-brokered private placement of up to 14,000,000 units at a price of $0.10 per Unit for total proceeds of up to $1,400,000.

Orla Mining Appoints Sean Spraggett as General Manager, Panama

“We are excited to have Sean join the Orla team. His extensive experience in-country and across broader Latin America will serve the Company well as we advance our Cerro Quema project in Panama”, stated Jason Simpson, President and Chief Executive Officer of Orla.

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